Forma logo — Benefits that flex to fit™

Forma

Benefits that flex to fit™

Founded 2017 United States San Francisco, United States 226 employees Series B Total: $57.62M Enterprise Software, Health Care +2

General Information

Company Name Forma
Founded Year 2017
Location United States San Francisco, United States +1
Employees 226
Industries Enterprise Software, Health Care, Health and Wellness +1
Funding Stage Series B
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About Forma

Forma, founded in 2017 and headquartered in the United States, is an innovative player in the intersection of Enterprise Software, Health Care, Health and Wellness, and Human Resources. Their core offering—a life benefits platform, branded under their slogan “Benefits that flex to fit™”—empowers companies to craft flexible, globally relevant benefits programs tailored to employee needs.

The platform makes benefit management efficient by streamlining program administration and vendor integration for HR and Finance Teams. Employees gain access to a curated benefits marketplace, utilizing flexible spending accounts or filing claims with ease, ensuring a comprehensive and user-friendly experience. Analytics and a 24/7 support team bolster their ability to optimize these programs effectively.

In March 2022, Forma secured a $40.00M Series B investment, underscoring investor confidence from leading backers like AngelPad, Designer Fund, Ribbit Capital, and industry giants like Stripe, Jack Altman, and Tobias Lütke.

Taxonomy: Flexible Benefits Platform, Employee Wellbeing, Health Benefits, Lifestyle Benefits, Program Customization, HR Automation, Vendor Integration, Global Benefits Programs, Benefits Marketplace, Analytics and Insights, Member Experience, Benefits Stipend, Preferred Pricing, Workplace Wellness, Employee Experience

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 9
Investor Investor Investor Investor Investor Investor
•••• ••••
01 Mar 2022
Series A •••••• 1
Investor
01 Nov 2020
Seed Round •••••• 3
Investor Investor Investor
01 Sep 2019
Pre Seed Round •••••• 1
Investor
01 Jan 2019

Forma Alternatives & Competitors

Forma vs
Ben
Ben United Kingdom

The AI-native platform to run global benefits, prove your strategy works, and give employees benefit...

Series B
425 employees
Fintech, Insurance
Forma vs
Asinta Partners
Asinta Partners United States

We believe close connections benefit us all!

9 employees
Health Care, Human Resources
Forma vs

Supporting employers and working families for over 50 years with dependable, flexible child care.

Grant
828 employees
Care Economy, EdTech
Also compare with: Forma vs BenefitHub BenefitHub

FAQ About Forma

Benefits that flex to fit™
Forma was founded in 2017.
Forma is headquartered in San Francisco, United States.
Forma operates in the following industries: Enterprise Software, Health Care, Health and Wellness, Human Resources.
Forma has approximately 226 employees.
Forma has completed 4 funding rounds, raising a total of $57.62M. The latest funding stage is Series B.
Top alternatives and competitors to Forma include Ben, Asinta Partners, KinderCare Learning Companies for Employers, BenefitHub, Avantus Employee Benefits. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Forma and Ben are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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